{"id":285041,"date":"2026-01-15T03:22:13","date_gmt":"2026-01-15T03:22:13","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/285041\/"},"modified":"2026-01-15T03:22:13","modified_gmt":"2026-01-15T03:22:13","slug":"economic-war-poses-biggest-global-threat-wef-warns-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/285041\/","title":{"rendered":"Economic war poses biggest global threat, WEF warns \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">Trade wars and economic disputes pose the biggest threat to global stability in 2026, the World Economic Forum (WEF) has warned.<\/p>\n<p class=\"c-paragraph paywall \">The think tank\u2019s latest Global Risks Report, which draws on the views of 1,300 global risk experts, ranks \u201cgeoeconomic confrontation\u201d as the top risk for the year ahead.<\/p>\n<p class=\"c-paragraph paywall \">This was followed by state-based armed conflict, extreme weather, societal polarisation and tech-driven misinformation and disinformation.<\/p>\n<p class=\"c-paragraph paywall \">Half of those surveyed said they anticipated \u201ca turbulent or stormy world over the next two years\u201d, up 14 percentage points from last year.<\/p>\n<p class=\"c-paragraph paywall \">Adverse outcomes of AI (artificial intelligence) was the risk that rose most steeply in the rankings.<\/p>\n<p class=\"c-paragraph paywall \">The report, which is published each year ahead of the forum\u2019s annual meeting, which takes place in Davos, Switzerland next week, paints a stark picture of a world with escalating geopolitical rivalries and prolonged conflicts threatening \u201cthe multilateral system\u201d.<\/p>\n<p class=\"c-paragraph paywall \">So far in 2026, US president Donald Trump has captured former Venezuelan leader Nicolas Maduro while threatening Greenland\u2019s sovereignty. At the same time political turmoil in Iran, which has reportedly left thousands dead, is threatening another energy shock.<\/p>\n<p class=\"c-paragraph paywall \">The report also comes on the back of an outcry over reports that X\u2019s AI chatbot Grok is being used to create sexualised images of people, including children, at users\u2019 request.<\/p>\n<p class=\"c-paragraph paywall \">\u201cA new competitive order is taking shape as major powers seek to secure their spheres of interest,\u201d WEF president and chief executive B\u00f8rge Brende said. \u201cThis shifting landscape, where co-operation looks markedly different than it did yesterday, reflects a pragmatic reality: collaborative approaches and the spirit of dialogue remain essential.<\/p>\n<p class=\"c-paragraph paywall \"> \u201cOur annual meeting in Davos will serve as a vital platform for understanding risks and opportunities and for building the bridges needed to address them,\u201d he said.<\/p>\n<p class=\"c-paragraph paywall \">A record 400 political leaders, including up to 65 heads of state and government and nearly 850 business leaders are expected to attend this year\u2019s annual Davos gathering. Held under the theme of A Spirit of Dialogue, the 56th annual meeting of the event comes at a time of escalating geopolitical divide and rivalry.<\/p>\n<p class=\"c-paragraph paywall \">Mr Trump will get top-billing, particularly given his policies are seen as undermining the spirit of global co-operation that the forum champions. He will address the event next Wednesday, accompanied by the biggest US delegation to date.<\/p>\n<p class=\"c-paragraph paywall \">\u201cWe\u2019re pleased to welcome back president Trump to Davos, and he\u2019s bringing the largest US delegation ever,\u201d Mr Brende said.<\/p>\n<p class=\"c-paragraph paywall \">Prime minister of Canada Mark Carney, German chancellor Friedrich Merz, European Commission president Ursula von der Leyen and He Lifeng, vice-premier of the People\u2019s Republic of China, are also due to attend.<\/p>\n<p class=\"c-paragraph paywall \">From an Irish perspective, Taoiseach Miche\u00e1l Martin; Minister for Public Enterprise Peter Burke; IDA Ireland chief Michael Lohan and European Commissioner Michael McGrath are also scheduled to travel. <\/p>\n<p class=\"c-paragraph paywall \">The IDA is due to hold its annual Davos dinner on Wednesday with up to 50 top executives expected to attend. <\/p>\n","protected":false},"excerpt":{"rendered":"Trade wars and economic disputes pose the biggest threat to global stability in 2026, the World Economic Forum&hellip;\n","protected":false},"author":2,"featured_media":285042,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[289,79,179,18,19,17,78553],"class_list":{"0":"post-285041","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-artificial-intelligence","9":"tag-business","10":"tag-economy","11":"tag-eire","12":"tag-ie","13":"tag-ireland","14":"tag-world-economic-forum"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115896971661446929","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/285041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=285041"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/285041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/285042"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=285041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=285041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=285041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}